Question: Define a simple linear regression. What is/are the difference(s) between simple linear regression and a multiple regression? Define a dependent variable. Define an independent variable.

Define a simple linear regression. What is/are the difference(s) between simple linear regression and a multiple regression? Define a dependent variable. Define an independent variable. Example: A real estate agent likes to predict the selling price of a home based on several variables: size, location, condition, # of bedrooms, etc. Based on the example, what is/are the independent variable(s)? What is/are the dependent variable(s?) Provide two examples of situations in business, or your field, when regression is used. Explain each situation in detail

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